Unbelievable Fixer in Sherman Oaks

[Jesus Yinh]

Property is under contract and ready to be assigned... PLEASE DO NOT CONTACT LISTING AGENT!!!

15460 Briarwood Dr Sherman Oaks, CA 91403

SFR

3 bed

2 bath

1,835 sf

Lot: 15,460 sf

New Purchase Price: $1,150,000 (fee included in price)

EMD: $10,000

Escrow Period: 14 days

Repair Est: $400,000 (Add 1,200 sf an convert into a 2-story 4 bed 3.5 bath home with pool and total of 3,035 sf)

ARV: $2,135,000

PROPERTY IS VACANT AND HAS A SUPRA LOCKBOX... GO DIRECT!!!

Views, Views, Views. .. .. .. .High in the hills of Sherman Oaks view home on TWO lots with a 148 feet frontage. Total land area is about 15,400 sq. ft. plus. Mostly level and very usable. Unobstructed view of the San Fernando Valley. Sweeping eastward views from the living room and family room and dining area. Large windows , bright and very private. Three bedrooms and two baths. Separate laundry area. Large walk-in cedar lined closet in the master bedroom. Two fireplaces. Large patio adjacent to family room. Detached garage, and a large grass back yard. Gated driveway. House was built in 1955 by Seller. The interior is in it's original condition --- definitely needs up-dating. But, the bones and floor plan are very good. Lots of potential to add-on or re-build.

COMPS:

3830 Royal Meadow Rd Sherman Oaks, CA

BED : 4 BATH: 3 SF: 3,009 LOT: 17,114 SP: $2,145,000 SD: 06/01/2018

FINANCING AVAILABLE... ASK ME IF INTERESTED.

Up to 90% OF TOTAL PROJECT COST...

As Low as 8.99% & 2pts for Qualified Deal/Borrower

Buyer to do their own due diligence and comps...

Run your numbers and email me if interested. Thank you.

  

Jesus Yinh
CAPITAL REDEVELOPMENT GROUP LLC
Managing Partner
Direct: (310) 926-3844

Email: [email protected]